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• Title:Please, include the name of your country, name of the company and the product you have selected as the title
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Requirements: Review the grading rubric for specific scoring criteria.

Political, Economic, and Legal Systems:

International business is complicated because countries have different political, economic, and legal systems. They vary in their level of economic development and in their future economic growth. These differences have major implications for international business. They have a profound impact on the benefits, costs, and risks associated with doing business in different countries. As you research the Political, Economic, and Legal Systems, be sure you consider how they might affect the success of your business venture. Failure to consider the effect on your business venture will greatly reduce your points for this assignment. Review the grading rubric before submitting your work.

1. What political system is in place in the country of choice, and how might it affect the introduction or distribution of your product?
2. How may the economic system of this country affect the introduction, production, or importation of your product?
3. What legal systems are in place, and how might it affect the success of your business venture?
4. What evidence demonstrates whether this country is transitioning into a market-based economy or whether it has an established market-based economy and how does it affect production or distribution of your selected product or service?
5. How might the issues you have identified, if any, be resolved to minimize your exposure to risk associated with introducing your product into this country?

Answer preview

The United Arab Emirates is a nation that embodies democratic ideals as envisaged by its constitution. As the primary law of the land, the 1971 constitution provides established the United Arab Emirates as a constitutional federation that comprises seven emirates (Ahmed, 2016). The UAE’s political system bodes well for Google Stadia because the government does not seek to interfere with businesses excessively. The main challenge that foreign investors face is that each of the seven emirates may have varying regulations for businesses. Consequently, it may prove costly and time-consuming to gain authorization for Google stadia to set base and advertise its gaming wares to all the emirates.

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